Barclays PLC Acquires 19,772 Shares of eGain Co. (NASDAQ:EGAN)

Barclays PLC grew its stake in shares of eGain Co. (NASDAQ:EGAN) by 48.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,513 shares of the technology company’s stock after buying an additional 19,772 shares during the quarter. Barclays PLC owned 0.21% of eGain worth $308,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP grew its position in eGain by 0.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 681,737 shares of the technology company’s stock worth $4,301,000 after acquiring an additional 1,752 shares during the last quarter. Sei Investments Co. boosted its stake in shares of eGain by 2.1% during the second quarter. Sei Investments Co. now owns 163,132 shares of the technology company’s stock valued at $1,029,000 after purchasing an additional 3,384 shares during the period. State Street Corp grew its holdings in shares of eGain by 0.8% in the third quarter. State Street Corp now owns 413,850 shares of the technology company’s stock worth $2,111,000 after purchasing an additional 3,428 shares during the last quarter. Jane Street Group LLC increased its stake in shares of eGain by 16.8% in the third quarter. Jane Street Group LLC now owns 35,753 shares of the technology company’s stock worth $182,000 after buying an additional 5,144 shares during the period. Finally, Assenagon Asset Management S.A. raised its holdings in eGain by 17.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 73,401 shares of the technology company’s stock valued at $374,000 after buying an additional 10,933 shares during the last quarter. Hedge funds and other institutional investors own 53.94% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of eGain from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, November 20th.

eGain Trading Up 0.6 %

NASDAQ EGAN opened at $6.54 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.79 and a current ratio of 1.79. eGain Co. has a fifty-two week low of $4.71 and a fifty-two week high of $7.96. The stock has a market cap of $186.52 million, a P/E ratio of 34.42 and a beta of 0.42. The stock has a 50 day simple moving average of $5.80 and a two-hundred day simple moving average of $5.93.

About eGain

eGain Corporation develops, licenses, implements, and supports customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific. It provides eGain Knowledge Hub, which helps businesses to centralize knowledge, policies, procedures, situational expertise, best-practices, while delivering guided, and personalized solutions to customers and agents; eGain Conversation Hub for digital-first, omnichannel interaction management within a modern, purpose-built desktop; and eGain Analytics Hub enables clients to measure, manage, and optimize omnichannel service operations and knowledge.